Jun 17 2010

GM twists the truth on paying back the TARP loan (and sued for it).

Full Text

We have all seen the ads with GM’s (Government Motors) CEO telling the world how his company has paid back the TARP loans.  In case you havent, here ya go: http://www.youtube.com/watch?v=SSNPFVLIWjI&feature=player_embedded

Perhaps some of us have wondered how the company managed to do this when they haven’t been selling very many cars?

Well, the truth from GM’s CEO is an “Obama truth”, or the truth as he wants the people to believe it and not as it is.

General Motors CEO Ed Whitacre has bragged in TV commercials and newspaper columns that GM has paid back its bailout “in full and ahead of schedule.”

As with the Pontiac Aztek, an ugly exterior masks an ever darker problem: Whitacre is being fanciful to the point of deceit. GM received $50 billion in TARP funds (never mind that TARP was only supposed to cover financial institutions). About $7 billion of that came in the form of a straight-up, low-interest loan. And about $13 billion came in the form of an escrow account.

So how has GM, which lost $38 billion in 2007 even as it sold 9.4 million cars, paid back its debt? It took money from the escrow account to pay back the $6.7 billion loan. (ie Some of the $50 Billion the government already had loaned them was used to pay back $6.7 billion)

Do you remember when you were a kid and your parents gave you $20 to buy them a Christmas present? You bought them something worth $3 and pocketed the rest? That’s what GM has just done.

Oh, and do you remember when you hit your parents up for college? GM has applied for a $10 billion, low-interest loan from the government to modernize its plants so its cars will meet new federal mileage standards.

If you think all this constitutes paying back their debt in full and ahead of schedule, you might want to check out the new line of GM cars. And hope that the company’s safety engineers are better at math than their CEO.

Here is one lawsuit against GM for misleading the public.

Another article on same subject.


Jun 16 2010

H.R. 5175 – DISCLOSE Act, Attempts to chip away First Amendment

UPDATE This got rammed down our throats anyway: News Link Lets make sure it doesn’t get through the Senate!

Among all the other trash congress and others are trying ram down our throats (before many are kicked out), here is another. This one should be stopped no matter where you stand value or party wise.

Earlier this year (Citizens United v. FEC) the Supreme Court struck down the ban on certain political speech by nonprofit membership associations. H.R. 5175 attempts to reverse that decision.  It will basically kill free speech/press.  Grassroots efforts won’t really exist after this with all the hoops that have to be jumped through.  It also creates yet ANOTHER list of people the government will have. Besides destroying grassroots, imagine our oh so honest government having a list of all their political allies and opponents, not just organizations you support but YOUR name and address.

Here is the basics of it:

YouTube basics  http://www.youtube.com/watch?v=SDaArRXI_AU

Write your congressman:  https://writerep.house.gov/writerep/welcome.shtml

I am verifying this, but I received an email that the NRA may be trying to make a deal with liberals that would exempt them from this. Either way you should write them (if you are a member, post your NRA number in the proper spot) and urge them to oppose it as well. Even if they are exempt.  https://secure.nraila.org/Contact.aspx

NRA original letter to congress (well written and good explanation of HR 5175. http://www.nraila.org/Legislation/Federal/Read.aspx?id=5888

Here is their latest release, which does seem to say they will sit this one out if they are exempt.  They need to oppose this no matter what deals are struck.

http://www.nraila.org/News/Read/NewsReleases.aspx?ID=13902 it affects everyone and they eventually will be retargeted.

Bottom line is this affects political free speech, the ones you agree and disagree with.

Thanks!


Jun 14 2010

The Mount Vernon Statement

The Mount Vernon Statement
Constitutional Conservatism: A Statement for the 21st Century

We recommit ourselves to the ideas of the American Founding. Through the Constitution, the Founders created an enduring framework of limited government based on the rule of law. They sought to secure national independence, provide for economic opportunity, establish true religious liberty and maintain a flourishing society of republican self-government.

These principles define us as a country and inspire us as a people. They are responsible for a prosperous, just nation unlike any other in the world. They are our highest achievements, serving not only as powerful beacons to all who strive for freedom and seek self-government, but as warnings to tyrants and despots everywhere.

Each one of these founding ideas is presently under sustained attack. In recent decades, America’s principles have been undermined and redefined in our culture, our universities and our politics. The selfevident truths of 1776 have been supplanted by the notion that no such truths exist. The federal government today ignores the limits of the Constitution, which is increasingly dismissed as obsolete and irrelevant.

Some insist that America must change, cast off the old and put on the new. But where would this lead — forward or backward, up or down? Isn’t this idea of change an empty promise or even a dangerous deception?

The change we urgently need, a change consistent with the American ideal, is not movement away from but toward our founding principles. At this important time, we need a restatement of Constitutional conservatism grounded in the priceless principle of ordered liberty articulated in the Declaration of Independence and the Constitution.

The conservatism of the Declaration asserts self-evident truths based on the laws of nature and nature’s God. It defends life, liberty and the pursuit of happiness. It traces authority to the consent of the governed. It recognizes man’s self-interest but also his capacity for virtue.

The conservatism of the Constitution limits government’s powers but ensures that government performs its proper job effectively. It refines popular will through the filter of representation. It provides checks and balances through the several branches of government and a federal republic.

A Constitutional conservatism unites all conservatives through the natural fusion provided by American principles. It reminds economic conservatives that morality is essential to limited government, social conservatives that unlimited government is a threat to moral self-government, and national security conservatives that energetic but responsible government is the key to America’s safety and leadership role in the world.
A Constitutional conservatism based on first principles provides the framework for a consistent and meaningful policy agenda.

  • It applies the principle of limited government based on the
    rule of law to every proposal.
  • It honors the central place of individual liberty in Americanpolitics and life.
  • It encourages free enterprise, the individual entrepreneur, andeconomic reforms grounded in market solutions.
  • It supports America’s national interest in advancing freedomand opposing tyranny in the world and prudently considers what we can and should do to thatend.
  • It informs conservatism’s firm defense of family, neighborhood,
    community, and faith.

If we are to succeed in the critical political and policy battles ahead, we must be certain of our purpose.

We must begin by retaking and resolutely defending the high ground of America’s founding principles.

February 17, 2010

Edwin Meese, former U.S. Attorney General under President Reagan

Wendy Wright, president of Concerned Women for America

Edwin Feulner, Jr., president of the Heritage Foundation

Lee Edwards, Distinguished Fellow in Conservative Thought at the Heritage Foundation, was present at the Sharon Statement signing.

Tony Perkins, president of the Family Research Council

Becky Norton Dunlop, president of the Council for National Policy

Brent Bozell, president of the Media Research Center

Alfred Regnery, publisher of the American Spectator

David Keene, president of the American Conservative Union

David McIntosh, co-founder of the Federalist Society

T. Kenneth Cribb, former domestic policy adviser to President Reagan

Grover Norquist, president of Americans for Tax Reform

William Wilson, President, Americans for Limited Government

Elaine Donnelly, Center for Military Readiness

Richard Viguerie, Chairman, ConservativeHQ.com

Kenneth Blackwell, Coalition for a Conservative Majority

Colin Hanna, President, Let Freedom Ring

Kathryn J. Lopez, National Review

Kenneth Rodgers, Patriot, Retired Military

We the undersigned join in our support of the guiding principles of The Mount Vernon Statement.

Current count: more than 42,500 signers.

Name:

E-mail address:
City:
State:
Do not display name on website:

May 29 2010

Why Are Conservatives So Mean?

http://www.pjtv.com


May 29 2010

Quinn’s Laws of Liberalism (Leftism)

1. Liberalism always generates the exact opposite of its stated intent.

2. If you want to know what liberals are up to, pay attention to what they accuse the conservatives of.

3. The amount of wealth in any given area is inversely proportional to the amount of Democrats running it.

4. Liberalism only succeeds when the public is scared into believing that it will not survive without it.

5. When liberalism conflicts with reality, reality must give way.

6. Facts are the enemy of liberalism.

7. Things are different when you are a Democrat [regarding his allegations of the media’s ignorance towards Democratic scandals and misconduct]. [Look at all the tax cheats exposed in the Democratic leadership since Obama took office – Editor]

8. A Liberal is any person for whom two thousand years of human experience and history means nothing now that they are here.

9. To liberals, intentions are more significant than the outcomes they achieve.

10. Liberals never think what they are doing is wrong, they only think they haven’t done enough of it yet or it is underfunded.

11. Profiling is what groups call bigotry when they have a problem they don’t want to talk about.

12. Democrats and liberals do not engage in debate, they try to silence you. If they engaged in debate, they’d lose.

13. Democrats are political opportunists.

14. Liberalism is based on unproved and/or disproved theory.

15. Every culture is unquestionable except the West’s.

16. Liberals view the world the way they think it should be, not the way it is.

17. Being a liberal is the art of standing on ones own head and telling the rest of the world that they are upside down.


May 29 2010

Outstanding point made about the American Sheeple & Hussein

“The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.”